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Breaking News: Latest Inflation Report: What It Could Mean For Bitcoin, Ethereum, And Solana Ahead

Ethereum MACD Flashes Golden Cross—Price Surged 74%+ Last 3 Times

Keshav Verma
Keshav Verma
Last Updated: April 16, 2026 2:00 am
2 mins read
Ethereum

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A crypto analyst has highlighted how the last three golden crosses in the Ethereum MACD led into significant price rallies. This signal has now appeared again.

Ethereum MACD Has Just Seen A Potential Golden Cross

In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) signal forming in the 1-week price of Ethereum. The signal in question is related to the Moving Average Convergence/Divergence (MACD), a technical indicator that’s generally used for identifying buying and selling points for an asset.

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It involves two trendlines. The first, called the MACD line, tracks the difference between the 12-period and 26-period exponential moving averages (MAs) for the asset’s price. Meanwhile, the other level, known as the signal line, is the 9-period EMA of the MACD line.

Interactions between the two trendlines of the MACD indicator may provide hints about where the asset could be headed next; a surge from the MACD line above the signal line can be a sign that a bullish market shift may be occurring. On the other hand, the reverse crossover can be a bearish signal.

Now, here is the chart shared by Martinez that shows the trend in the MACD for the weekly price of Ethereum over the last couple of years:

Ethereum MACD
Looks like the MACD line is above the signal line at the moment | Source: @alicharts on X

In the graph, the histogram tracks the distance between the indicator’s trendlines. Earlier, this histogram was in the negative territory, indicating that the Ethereum MACD line was trading under the signal line. Recently, however, the metric has just turned into the positive zone, implying a bullish crossover may be forming.

The analyst has highlighted in the chart what happened the last few times that the MACD formed this type of crossover for the cryptocurrency’s weekly price. “The last three times the MACD printed a golden cross on Ethereum $ETH, the price surged 130%, 74%, and 98%,” explained Martinez.

It now remains to be seen whether the signal in the indicator will hold for Ethereum this time, and if a rally anywhere close to the level of the last few ones will follow.

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In some other news, ETH’s latest surge has meant that its price has reclaimed a key cost basis level, as on-chain analytics firm Glassnode has pointed out in an X post.

Ethereum Realized Price
How the Realized Price of the 1 to 3 months old ETH holders has changed | Source: Glassnode on X

As displayed in the above graph, Ethereum has surged above the cost basis of the buyers from 1 to 3 months ago, but it still remains below the acquisition level of the 3 to 6 months old investors. “So far, this structure is consistent with a bear market relief rally, comparable to the bounces observed in Q3-Q4 2022, rather than a structural trend reversal,” noted Glassnode.

ETH Price

Ethereum closed in on the $2,400 level on Tuesday, but its price has since retraced to $2,320.

Ethereum Price Chart
The trend in the price of the coin over the last five days | Source: ETHUSDT on TradingView
Featured image from Dall-E, chart from TradingView.com
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Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

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Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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